Nasdaq CEO on being honored by the New York Fire Department

CNBC TelevisionAbout 2 min readAug 14, 2025Watch original
THE SUMMARYAI-generated

Key Concepts:

  • FDNY Foundation: Official foundation of the New York Fire Department.
  • Training Equipment: Equipment funded by the foundation to enhance firefighter skills.
  • Family Support: Assistance provided to firefighter families during crises and everyday life.
  • Gala: Fundraising event held at the FDNY training facility on Randall's Island.
  • Honorees: Individuals recognized for their contributions to the FDNY Foundation.

The FDNY Foundation and its Mission

The New York Fire Department Foundation is the official foundation of the New York Fire Department. The speaker emphasizes the importance of New York firefighters as "true heroes" and highlights the FDNY as the "best fire department in the world." The foundation's primary role is to supplement city funding by providing resources for training equipment, ensuring firefighters maintain sharp skills.

Supporting Firefighter Families

Beyond equipment, the foundation offers crucial support to firefighter families. This support extends to times of crisis and everyday needs, acting as a "ballast" for the fire department. The speaker expresses humility in being associated with the organization and its annual gala.

The Annual Gala: A Unique Fundraising Event

The annual gala is a significant fundraising event held at the FDNY training facility on Randall's Island. A unique aspect of the gala is the opportunity for attendees to "try the equipment," offering a hands-on experience. The speaker notes that the gala is a fun event where attendees can wear sneakers.

Notable Honorees and Attendees

The speaker mentions past honorees, including Harvey Schwartz and Jeff Bezos' brother, highlighting the event's prestige. Steve Cohen has also been honored in the past. Dina is mentioned as an "amazing honoree" for the current year. Matt Diliberto from SL Green is identified as the chairman of the foundation. The speaker is humbled to emcee the evening.

Event Details and Call to Action

The gala is scheduled for September 4th, and attendees are encouraged to attend. The speaker emphasizes the unique experience of honoring humble and gracious firefighters.

Company Anniversary

The speaker mentions their company's upcoming anniversary, noting they are in their 18th year in the market and hoping to reach their 19th in January.

Fun Fact

The speaker shares a "fun fact" that Nasdaq went public in the throes of that bear market in 2002.

Conclusion

The discussion centers on the importance of the FDNY Foundation in supporting New York firefighters and their families. The annual gala is highlighted as a unique and fun fundraising event that allows attendees to directly engage with the work of the FDNY. The speaker encourages attendance to support the foundation's mission.

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